Advertisements


Germany says `isolationist’ Trump opens global power vacuum

German Foreign Minister Heiko Maas called on the European Union to unite and fill the void left by the U.S. drawback from global agreements that have underpinned trans-Atlantic relations for decades. Maas’s warning that the post-World War II order “no longer exists” signals that Germany is starting to confront a president who seems to delight […] The post Germany says `isolationist’ Trump opens global power vacuum appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineJun 13th, 2018

Oil price plunge sends ripples through global economy

FRANKFURT, Germany --- A sharp drop in the price of oil is sending ripples through the global economy, lending more spending power to consumers --- particularly for Americans' big holiday shopping spree --- but potentially dampening investment in US oil production. While the fall doesn't yet match the 2014-2016 slump to $26 per barrel, the current slump should soon make itself felt. The international crude benchmark, Brent, has fallen under $65 per barrel from a four-year high in early October over $86, and U.S. crude has dropped below $55 a barrel. Retailers in the U.S., who depend on heavy Christmas spending, should see a boost as lower gasoline prices give consumers more spe...Keep on reading: Oil price plunge sends ripples through global economy.....»»

Category: newsSource:  inquirerRelated NewsNov 21st, 2018

Partners École hôtelière de Lausanne, Institut Paul Bocuse Power Dusit Hospitality Management College Offerings

2018—When the Dusit Hospitality Management College (DHMC) opens its doors to its first batch of students beginning August this year, it will be opening up opportunity for the next generation of hoteliers and culinary professionals. Students looking for a global managerial career in the hospitality industry will learn from two of the most trusted names […].....»»

Category: newsSource:  metrocebuRelated NewsMay 25th, 2018

What the world is saying about Putin s re-election

PARIS, France – China was the first world power to react Monday, March 19 to Russian strongman Vladimir Putin's re-election vowing to push ties to a "higher level", but Germany questioned the fairness of the vote and warned Moscow would remain "difficult". Here's a roundup of global reaction: 'Cooperative partnership'  Just a day ........»»

Category: newsSource:  rapplerRelated NewsMar 19th, 2018

Lavrov calls U.S. election meddling claims blabber

MUNICH, Germany (UPDATED) – Russian Foreign Minister Sergei Lavrov on Saturday, February 17, dismissed as "blabber" accusations that Moscow had interfered in the US election that brought President Donald Trump to power. "So as long as we don't see facts, everything else is blabber," Lavrov said at the Munich Security Conference, a ........»»

Category: newsSource:  rapplerRelated NewsFeb 17th, 2018

Women’s marches register new voters, to target swing states in midterm polls

LAS VEGAS --- Thousands of people poured into a football stadium in Las Vegas on Sunday, the anniversary of women's marches around the world, to cap off a weekend of global demonstrations that participants hope will continue building momentum for equality, justice and an end to sexual harassment. "This is a birthday party for a movement that has only begun to flex its power to change this democracy," Anna Galland, the executive director of the progressive group moveon.org, told the boisterous crowd. Following marches that drew huge crowds across the U.S. on Saturday, one year after President Donald Trump's inauguration, protesters gathered Sunday on multiple continents, includi...Keep on reading: Women’s marches register new voters, to target swing states in midterm polls.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2018

Why Filipinos should care about ‘Fire and Fury’

If you're a Global Filipino, in Asia, the U.S., Canada, or the Middle East, or maybe a Filipino in the Philippines, here's why you should care about that scathing fly-on-the-wall tell-all, Michael Wolff's Fire and Fury: Inside the Trump White House. If you needed any more proof that the U.S. isn't what it used to be just read the book. And maybe afterwards, you'll consider your other immigration options. When democracy's modern guardians end up with a buffoonish leader like Trump at the helm, it only means one thing. It's in trouble. And all the rest of you around the world? You're on your own. Have you tried Germany? America is no longer acting like it's responsible f...Keep on reading: Why Filipinos should care about ‘Fire and Fury’.....»»

Category: newsSource:  inquirerRelated NewsJan 8th, 2018

Soccer s big clash of nations not only at World Cup in 2018

By Rob Harris, Associated Press Footballing supremacy between nations will be determined in 2018, just maybe not in the way expected. The World Cup remains the ultimate prize in sport, and a Russia buffeted by doping scandals and geopolitical rifts will open up like never before to welcome thousands of fans. When the tournament reaches its climax in Moscow on July 14, the biggest global television audience of the year is likely to see the World Cup handed over. Will Germany be the first team to retain the title since Brazil in 1962? Can Neymar inspire Brazil to a record-extending sixth success? Will the players who have shared major individual honors for a decade — Cristiano Ronaldo (Portugal) and Lionel Messi (Argentina) — finally become world champions? But it became clearer in 2017 that appearing at the World Cup is no longer the only vehicle — or preferred means — for countries to validate their status and strength in the world's biggest sport. That isn't much of a reassurance, though, for Italy, the Netherlands and the United States who failed to qualify for Russia. The international soccer landscape is being reshaped by the Gulf state-funded clubs, and their clout reached new heights in the last year. Just as Qatar and the United Arab Emirates became ensnared in a diplomatic standoff, the jewels in their soccer crowns slugged it out in the transfer market pursuing the top talent. Around $300 million was spent in the summer transfer window alone by both Manchester City, which is owned by the UAE's Abu Dhabi, and Paris Saint-Germain, which is funded by 2022 World Cup host nation Qatar. The biggest statement came from PSG which more than doubled the previous transfer record by splurging 222 million euros on Neymar — an unexpected windfall for Barcelona but a deal that solidified the power shifts. Both PSG and City have already obliterated the field in their French and English leagues respectively and are racing toward regaining their domestic titles. The true test of power in this intriguing rivalry between energy-rich Gulf powers should be determined in the Champions League. The competition has been won in three of the last four years by Real Madrid, and the holders now stand in the way of PSG reaching the quarterfinals in March. Madrid and Barcelona remain in the control of their fans, a structure able to resist foreign ownership, although both teams have accepted injections of cash through UAE or Qatar sponsorships. The future spending capabilities of the nascent forces at PSG and City will be determined in the coming months. However wealthy their ownership, unfettered spending remains subject to curbs in an often forlorn attempt to maintain a competitive balance in competitions and prevent them stockpiling players. The ultimate threat hanging over PSG is exclusion from the Champions League unless it balances the books by cashing in on stars in the January transfer window. PSG's legal team is already preparing to take the fight to UEFA over its implementation of Financial Fair Play rules, having faced an earlier round of punishments — along with City — in 2014 that led to limits on the squad size and financial penalties. UEFA has also served notice on AC Milan that sanctions could be looming after around $250 million was spent in the summer by new private Chinese investors. Milan is an illustration of why authorities don't want clubs risking their financial health in the pursuit of success. Despite the investment, Milan is closer to the relegation zone than the top four Champions League qualification places halfway through the Serie A season. City is in a more advantageous position than either PSG or Milan due to its cut from domestic television rights. The Premier League is banking 8.3 billion pounds ($11 billion) from broadcasters under the current three-year deals, far eclipsing European counterparts. One of the early defining moments of 2018 in soccer won't happen on the field but in the Premier League's negotiations over the 2019-2022 rights. The winning outlets will provide an indicator of the vitality of traditional networks in an era of fragmented viewing habits where streaming platforms are luring viewers. The value of the deals will also influence the spending power of clubs in the coming years and the destination of the players. The flow of cash from Abu Dhabi since 2008 has already produced the dominant City team imagined by Sheikh Mansour. At the start of the second half of the season, Pep Guardiola's side enjoys a commanding lead over the previously pre-eminent Manchester United. How rapidly fortunes change in soccer. Guardiola, a serial title winner at Barcelona and Bayern Munich, was facing doubts over his managerial prowess as he opened his City reign with his first trophyless season. He remains on course for a quadruple at the second attempt. Across Manchester, it was Jose Mourinho buoyant in the first half of 2017 after collecting the Europa League and League Cup to offset a sixth-place domestic finish. But Mourinho enters 2018 in sullen mood, seething with envy about the lavish investment from Abu Dhabi that enabled Guardiola to remodel his squad. It's another indicator that with all the cash pumped into soccer by Gulf ruling families, the World Cup can no longer be relied on to determine the true kings of soccer in 2018......»»

Category: sportsSource:  abscbnRelated NewsDec 31st, 2017

Bonn climate talks end with progress despite US stance

BONN, Germany --- As the first glimmer of dawn appeared across the Rhine River, delegates stumbled out of an all-night negotiating session at this year's global climate talks, expressing satisfaction Saturday at the progress made toward creating a comprehensive rule book for fighting global warming. The two-week meeting in Bonn, Germany, was billed as a "blue-collar" event designed to hammer out the technical details of the 2015 Paris climate accord. But fears had loomed large beforehand that the administration of US President Donald Trump, who rejects the Paris agreement, would seek to block any advances seen as counter to American interests. In the end, most agreed that US di...Keep on reading: Bonn climate talks end with progress despite US stance.....»»

Category: newsSource:  inquirerRelated NewsNov 18th, 2017

COP23: Plea for urgent action on climate shadowed by Trump

BONN, Germany – Following a cascade of grim reports on the gathering pace of global warming, Fiji's prime minister on Monday, November 6, appealed for "urgent action" on climate change at UN negotiations in Bonn. "The need for urgency is obvious," said Frank Bainimarama. "Our world is in distress from extreme ........»»

Category: newsSource:  rapplerRelated NewsNov 7th, 2017

Trump s climate pullback opens door to Chinese leadership

WASHINGTON — President Donald Trump's pullback from a global climate pact could accelerate China's unlikely ascent toward leadership in stemming global warmi.....»»

Category: newsSource:  philstarRelated NewsJun 2nd, 2017

Tensions rising between Turkish, European leaders before elections – CNN News

Turkey and the Netherlands' diplomatic feud deepened Sunday with the Turkish president accusing the NATO ally of fascism, and declaring the Dutch would &'8220;pay the price&'8221; for harming relations. The Danish Prime Minister also entered the fray, saying he couldn't host a yet-to-be scheduled visit by his Turkish counterpart in light of &'8220;current rhetorical attacks&'8221; against the Dutch. Upcoming votes in Turkey and the Netherlands serve as a backdrop for the dispute: In Turkey, President Recep Tayyip Erdogan, who has cracked down on opposition &'8212; particularly journalists, academics and the public service sector &'8212; since a July coup attempt, is pushing an April referendum that would expand his powers. In the Netherlands, this week's general elections will pit a hardline anti-Islam candidate in a tight race against the incumbent prime minister. Erdogan is keen to rally the roughly 4.6 million expatriate Turks living in Western Europe, many of whom will be permitted to vote in the Turkish referendum. Following similar moves in Germany, Austria and Switzerland, the Netherlands on Saturday barred a plane carrying Turkish Foreign Minister Mevlut Cavusoglu from entering the country, citing security concerns. Cavusoglu sought to address expats in support of the Turkish referendum. The Dutch also stopped Turkey's family affairs minister from entering the Turkish consulate in Rotterdam. Protests broke out in both countries, and Erdogan responded by saying the Netherlands is &'8220;sacrificing Turkish-Dutch relations&'8221; and accused the country &'8212; which lost more than 200,000 of its citizens during Germany's World War II occupation &'8212; of Nazism. Rotterdam, where Cavusoglu hoped to speak, was especially hard hit by the Nazis. Next month, Turkish voters will cast ballots in a constitutional referendum that could change their government structure. If passed, it would transform the country's parliamentary system into a presidential one, effectively consolidating the power of three legislative bodies into one executive branch under Erdogan. Critics call the move anti-democratic and say it's indicative of Erdogan's drift toward authoritarian rule since the coup attempt eight months ago. Erdogan and his Justice and Development Party, or AKP, ministers have said those who oppose it stand with the coup plotters and terrorists. Cavusoglu has promised tenfold retaliation against the Netherlands, while Erdogan has likened the country to a &'8220;banana republic&'8221; and called for sanctions, according to the state-run Anadolu Agency. A Turkish diplomatic source told Anadolu that Dutch diplomatic missions in Ankara and Istanbul had been closed off due to security concerns. Meanwhile, the agency reported, the Turkish Foreign Ministry has told the Dutch ambassador, who is presently on leave out of the country, he need &'8220;not return for a while.&'8221; The Netherlands isn't the first nation Erdogan has accused of Nazism. Germany, too, became a target of Erdogan's Nazi comparisons after canceling Turkish rallies on its soil this month. Some 1.5 million Turkish nationals living in Germany are eligible to vote in the referendum, according to Anadolu. &'8220;I thought Nazism was over but I was wrong,&'8221; Erdogan said at the International Goodness Awards in Istanbul on Sunday. &'8220;What we saw in the last couple of days in Germany and Netherlands are the reflections of Islamophobia.&'8221; Turkey is overwhelmingly Sunni Muslim. Chancellor Angela Merkel issued a sharp rebuke, saying such comparisons serve only to belittle Nazi crimes. German-Turkish relations have been on a downslide of late. Among the incidents chipping away at the countries' security and economic partnership was last month's arrest of Die Welt journalist Deniz Yucel on terrorism charges, and Turkey bristled last year when Germany's parliament declared the 1915 massacre of hundreds of thousands of Armenians &'8220;genocide.&'8221; European governments have been especially critical of Erdogan's commitment to basic freedoms since the coup. The country jailed more journalists than any other country in 2016, according to the Committee to Protect Journalists. Also, nearly 140 media outlets have been shuttered, more than 41,000 people have been arrested and about 100,000 workers have been dismissed from public service positions. Facebook, YouTube, Twitter interrupted during uprising Affording Turkey some leverage in the international spat is its key role in a Syrian migrant deal in which Turkey will resettle one refugee for every refugee resettled in Europe. In November, responding to European Union freezing EU membership talks with Turkey, Erdogan threatened, &'8220;If you go too far, the border gates will be opened,&'8221; according to Anadolu. Amid Sunday's diplomatic turmoil, Danish Prime Minister Lars Løkke Rasmussen postponed a yet-to-be-scheduled visit from his Turkish counterpart. &'8220;Under normal circumstances it would be a pleasure for me to greet Prime Minister (Binali) Yildirim in Copenhagen,&'8221; Rasmussen said. &'8220;But with the current rhetorical attacks by Turkey against the Netherlands, a new meeting cannot be seen isolated from that.&'8221; The Danish government is observing developments in Turkey &'8220;with great concern as democratic principles are under considerable pressure,&'8221; he said. &'8220;A meeting right now would be interpreted as if Denmark is viewing developments in Turkey more mildly, which is not at all the case.&'8221; The prime minister's office said Danish representatives and Turkish officials had been discussing the possible meeting for several weeks. It would have been scheduled for later this month in Denmark. In the Netherlands, far-right politician Geert Wilders praised the decision to bar the Turkish minister from entering the country and credited his own party for the decision. The Netherlands is heading for a nationwide vote Wednesday, with concerns about Muslim immigration a central issue. Riding a populist wave that ushered Donald Trump into the [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsMar 13th, 2017

Mitsubishi Hitachi Power Systems opens global service center for power plants in SE Asia

Mitsubishi Hitachi Power Systems (MHPS) opened Friday a global service center (GSC) for thermal power plant operators centered in Southeast Asia, in Alabang, Muntinlupa City in Metro Manila......»»

Category: newsSource:  mb.com.phRelated NewsSep 16th, 2016

LPU, Letran outfitter opens first-ever store and showroom

A year after returning to the local market, Team Rebel Sports Pilipinas looks to strengthen its hold with the opening of its first-ever store. Back in 1998, company founder Joel Cu, who was just 21 years old back then, opened a start-up company in Santolan that focused on making sports uniforms. Twenty years later, they are back to where it all began. "We are back in Santolan. We opened our first store here a few blocks from here," recalled Cu. "This showroom is made for our kababayan nating Pilipino. We want to produce good uniforms to our fellow Filipinos. Gumagawa nga tayo ng uniform sa ibang bansa pero ngayon, we are opening ourselves back here," he added. During the 2000s, Rebel decided to shift its model to outsourcing to foreign clients. It proved to be a success as the US and Australian markets embraced the brand. But it felt empty as Cu's main goal was to give Filipinos a local brand they can be proud of. Enter Lyceum Pirates assistant coach Jeff Perlas. "We had this informal chat last year. Sabi ni Joel, 'Jeff, how can we be active in the local sports market?' I was busy in LPU nun," shared Perlas. "For me, one way of promoting a brand is through the athletes. That's the key for this. What I did was we used the players from LPU and other players na kilala natin. From there, we were able to experiment with the power of social media.  "Surprising na last year, umakyat yung sales three-fold. Yung market reacted," added Team Rebel's consultant. PBA club team Northport Batang Pier came knocking a few months later. It was the breakthrough moment they needed. "It's our entry point last year when we rigged the jersey of Globalport," Cu shared. With the local demand growing, Cu and his staff expanded the operations of its factory in Antipolo. Twenty-four hours, seven days a week with a staff of almost 200 people were needed to accomodate the orders. At present, Rebel is the outfitter, not only of Northport, but also of collegiate powerhouses Lyceum and Letran. To cap of Rebel's year, the company opened its first store, a showroom by all accounts, at 290 Santolan Road Corner 5th Street West Crame, San Juan City. And they are hoping that this would help cater to more Filipinos. "The vision for Rebel is to focus on all sports on all levels. Marami pa e. For the public schools, we want to help them out by sponsoring their varsity teams. We are also researching more on how we can give our women's athletes the right uniforms," Cu disclosed. “Hopefully, in 2019, we can offer more to our kababayan.”.....»»

Category: sportsSource:  abscbnRelated News19 hr. 44 min. ago

A growing list: Trump associates who have pleaded guilty

WASHINGTON--- Five people in President Donald Trump's orbit have pleaded guilty to federal charges. Prosecutors in Washington and New York are investigating whether the Trump campaign coordinated with the Kremlin in the 2016 election and whether Trump directed an illegal hush-money scheme to silence women who said they had sex with him. A look at those cases: MICHAEL COHEN Cohen pleaded guilty in federal court in New York to lying to Congress about his work on a possible Trump real estate project in Moscow in a case brought by special counsel Robert Mueller's office. Cohen --- who for more than a decade was a key power player in the Trump Organization and a fixture in Tru...Keep on reading: A growing list: Trump associates who have pleaded guilty.....»»

Category: newsSource:  inquirerRelated NewsDec 11th, 2018

Protest greets ‘clean coal, oil’ pitch of Trump

KATOWICE, Poland --- An unapologetic pitch by the Trump administration for the continued use of fossil fuels during the UN climate talks here was disrupted by mocking laughter and protest against US energy policy. Chants of "Keep it in the ground!" and "Shame on you!" erupted in the room during a presentation on Monday by a panel led by Wells Griffith, White House adviser on international energy and environment. Over the weekend, the United States, Russia, Saudi Arabia and Kuwait prevented endorsement of a scientific report on keeping global warming below 1.5 degrees Celsius --- the most ambitious target in the 2015 Paris climate accord. The Intergovernmental Panel on Climat...Keep on reading: Protest greets ‘clean coal, oil’ pitch of Trump.....»»

Category: newsSource:  inquirerRelated NewsDec 11th, 2018

U.S. says March 1 ‘hard deadline’ for trade deal with China

WASHINGTON (Reuters) – U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a “hard deadline” after a week of seeming confusion among President Donald Trump and his advisers. Global markets are jittery about a collision […] The post U.S. says March 1 ‘hard deadline’ for trade deal with China appeared first on UNTV News and Rescue......»»

Category: newsSource:  untvwebRelated NewsDec 10th, 2018

Disney Pixar Playtown opens in BGC

BONIFACIO Global City (BGC), in partnership with The Walt Disney Company Philippines, jointly brought Pixar timeless stories and characters to Filipinos with the opening of “Pixar Playtown.” “BGC found its…READ The post Disney Pixar Playtown opens in BGC appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 9th, 2018

GBP units ink ancillary services deal with NGCP | Inquirer Business

Global Business Power Corp. yesterday said it had engaged with National Grid Corp. of the Philippines (NGCP) to support the reliability and security of the countrys power grid. The post GBP units ink.....»»

Category: newsSource:  philippinetimesRelated NewsDec 7th, 2018

Trump asks OPEC not to cut production

WASHINGTON, USA – US President Donald Trump on Wednesday, December 5, urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should remain low. Trump's comment came as members of the Organization of Petroleum Exporting Countries and other oil-producing nations prepared to meet Thursday and Friday, December 6-7, in Vienna to discuss lowering ........»»

Category: newsSource:  rapplerRelated NewsDec 6th, 2018

China vows quick trade moves as U.S. sends mixed signals

BEIJING, China – China vowed Wednesday, December 5, to move swiftly to strike a trade consensus with the United States, even as mixed signals on the detente from self-described "Tariff Man" Donald Trump's administration upset global markets. Trump sowed more confusion as he opened the door to lengthier ........»»

Category: newsSource:  rapplerRelated NewsDec 5th, 2018